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$210,450

NAL Estimated Property Value

4702 Paradise Lane, Houston, TX, 77048

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,713 Sq Ft
price_per_sqft$160.54 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,839 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0823550000001
Lot Number1
SubdivisionSouth Acres Estates
Land UseResidential
Legal DescriptionLT 1 BLK 6 SOUTH ACRES ESTATES SEC 1
Census Tract331700
Assessed Land Value$60,480
Assessed Improvement Value$149,970
Assessment Year2025

About this property

Triplex-Fully updated and occupied! Unit A- 3/1, 1050 sqft, rents for 1300. Unit B- Studio, approximately 400 sqft, rents for 850 with an additional 30 for internet. Unit C- Studio, approximately 300 sqft, short term with an estimated 1200 per month after all expenses, Furniture WILL be included. Water is included on all three units. Bring your Buyers. Great Investment Opportunity!

Investor Tools

Property Icon
$210,450
Estimated Property Value
$210,973Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,590
$210,450
2025
$60,480
$149,970
$210,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,590
$210,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$225,600
No
First
Nov 14, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,973
N/A
0%
100%
$1,353/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,353/mo
+$873/mo
12.7%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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4702 Paradise Lane | Property Details | No Agent List